Phu Tho affirms its position in international markets through export

Businesses take the initiative in seeking opportunities

Statistics show that Phu Tho province currently has nearly 900 enterprises engaged in export activities. In the first nine months of 2025, total export turnover was estimated at USD 26.8 billion, showing a considerable increase compared to the same period last year. Machinery, equipment, and electronic components accounted for approximately USD 22 billion, representing 82% of the province’s total export turnover. Import turnover was estimated at USD 26 billion.

Thanks to proactive market expansion, many enterprises have successfully entered regions with high standards, such as the USA, EU, ASEAN, Japan, South Korea, and China. Major export products include motorcycle parts and complete motorcycles, electronics and components, computers, mobile phones, textiles, wood and wood products, and agricultural products.

One standout example is AMY GRUPO Joint Stock Company, located in Thai Hoa – Lien Son – Lien Hoa Industrial Park. After 10 years of development, AMY GRUPO has established five modern factories, including one ceramic construction materials factory, one tile factory, two AMYGRES SPC flooring factories, and one roof tile factory, all equipped with highly automated European production lines. The total system capacity reaches 57.6 million square meters per year.

AMY GRUPO’s products are now available in more than 30 countries and territories, including demanding markets such as the USA, Europe, and South America. The AMY brand has appeared in many large domestic and international projects such as Penrose (USA), Lotte Mall Hanoi, Vin Tay Mo, Flamingo Crown Bay Thanh Hoa, Calla Apartment Quy Nhon, Muong Thanh Quang Nam, and Crowne Phu Quoc.

Currently, over 60% of the company’s products are exported. This provides a solid foundation for the company to accelerate in the remaining months of the year, striving to exceed its growth target of 13% and achieve a 14% increase in export turnover compared to 2024.

Also affirming a strong position in both domestic and international markets, Hitachi Astemo Vinh Phuc Co., Ltd. (Binh Xuyen Industrial Park) is one of the leading supporting industry enterprises, specializing in producing parts and components for motorcycles and automobiles. The company’s disc and mechanical brake products are supplied to major clients such as Honda, Yamaha, Suzuki, and Piaggio Vietnam, as well as exported to the USA, Italy, Japan, and the Philippines. Since the beginning of the year, the company has contributed nearly VND 100 billion in taxes from import and export activities, ranking among the province’s top enterprises in budget revenue contribution.

In order to expand markets and optimize production, since April 2025, Hitachi Astemo has partnered with ITG Technology Joint Stock Company to implement the 3S WMS smart warehouse management solution and 3S SPS smart production planning solution. This marks a major shift from experience-based planning to data-driven management, creating a sustainable foundation for smart factory governance.

In the electronics sector, companies such as BHFlex Vina, Power Logics Vina, Heasung Vina, Pratron Vina, Jawa Vina, and Optrontec Vina continue expanding production capacity, capitalizing on opportunities from Vietnam’s free trade agreements. Electronic component products not only lead Phu Tho’s export turnover but also account for nearly 50% of the total industrial production value, becoming a key driver of its economic growth. High-tech products such as computers and electronic components have entered major markets, including the USA, Japan, South Korea, ASEAN, and EU countries such as the Netherlands, Germany, and the Czech Republic.

Renewing policies to support enterprise breakthroughs

Aiming to support market expansion, Phu Tho has implemented a series of comprehensive solutions: promoting administrative reform, improving the investment environment, cutting unnecessary procedures, strengthening trade promotion, providing market information, training human resources, and supporting digital and green transformation. The province encourages enterprises to access green credit and adopt clean production methods to meet increasingly strict international export standards.

Investment promotion activities have also undergone significant changes, focusing on strategic investors from South Korea, Japan, Singapore, France, Germany, Italy, Russia, the UK, and the USA. Provincial leaders have proactively welcomed investors, promptly addressed obstacles, and developed industrial infrastructure to attract high-tech projects.

Phu Tho is strengthening cooperation with large corporations such as Samsung, Sumitomo, Austivina, YCH, Amata, LG Energy Solution, iMarket Korea, and Songshan Lake to expand domestic and international supply-demand networks and promote technology transfer.

This province is also fostering an innovation ecosystem and accelerating digital transformation in customs clearance activities. It is collaborating with YCH Group (Singapore) to establish an Innovation Center at ICD Binh Xuyen and working with FPT Group to build a data center in Thang Long Industrial Park (Vinh Phuc). Customs authorities have installed remote camera monitoring systems at Thuy Van ICD Port, helping simplify procedures, shorten clearance times, and minimize direct contact between enterprises and customs officers.

Meanwhile, the Tax and Customs departments are enhancing the use of digital systems for customs clearance, tax payments, and goods management, implementing the national single-window mechanism, and providing online public services. Transparency in procedures has helped shorten processing times, reduce business costs, and limit misconduct in administrative processes.

By the end of 2025, Phu Tho aims to achieve a total export turnover of USD 36.8 billion - 2.2 times that of 2020 - accounting for 8.5% of the country’s total export turnover. The province identifies exports as one of its key drivers of growth.

In the coming period, the province will strictly implement Directive No. 29/CT-TTg dated September 23, 2025, issued by the Prime Minister on key solutions to promote exports and develop foreign markets; continue to review, reduce, and simplify administrative procedures; and strive to cut at least 30% of investment conditions, 30% of processing time, and 30% of compliance costs in line with Government Resolution 66.

The province will also strengthen supply-demand connection programs, support enterprises in participating in domestic and international fairs and exhibitions to expand consumption markets; continue to innovate investment promotion, prioritize green and high-tech projects; and assist enterprises in enhancing competitiveness and effectively leveraging Vietnam’s free trade agreements to diversify export markets.